Environmental Audit Committee launch inquiry into Green Investment Bank
27 October 2010
The Environmental Audit Committee kicks-off its inquiry into Government plans for a Green Investment Bank today with a public hearing in the Thatcher Room at Portcullis House.
The MPs will be asking business groups, trade bodies and campaigners how the Bank should be set up – and what funding and governance structures need to be put in place to ensure it is effective and accountable.
At 2.30 pm
- Dr Gordon Edge, Director of Policy, RenewableUK;
- Philip Wolfe, Director, Aldersgate Group; and
- Chris Hewett, Associate, Green Alliance
At 3.30 pm approximately
- James Wilde, Director of Insights, Carbon Trust;
- Sir Rob Margetts, Chairman, Energy Technologies Institute; and
- Stuart Cook, Senior Partner, Smarter Grids and Governance, Ofgem (Low Carbon Network Fund)
The MPs will be asking questions on:
- The appropriate level of capitalisation – and whether the £1 billion pledged by the Government in the Spending Review is adequate.
- Green Bonds and Green ISAs
- The new Bank’s ability to leverage hundreds of billions of pounds in investment needed to kick start low-carbon growth.
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